What's happening at Horizon and Jets?
#3162
May 5 newsletter to AS pilots:
*********************
“Hello Pilots,
As you have heard by now, we are slowing our total growth down closer to 4% for the rest of this year and in 2019. This means we will likely take a longer break from hiring pilots than the two months originally planned this summer. In fact, we may not start any more Boeing or Airbus new hire classes until the very end of 2018 or beginning of 2019.
Although this is a difficult decision, it’s a necessary one. The reduction in growth is helping reduce costs to provide a stronger balance sheet that will fund future growth and hopefully more airplane orders in the not so distant future.
There are a lot of variables that can change this plan, but I wanted to share with you everything we know as of today. On Monday, we will have 12 Boeing new hires and 6 Boeing upgrades starting, and there may be a break for 6 to 7 months. For next year at 4% growth plus planned attrition, we look to be hiring about the same as this year.
-********, Chief Pilot”
*********************
“Hello Pilots,
As you have heard by now, we are slowing our total growth down closer to 4% for the rest of this year and in 2019. This means we will likely take a longer break from hiring pilots than the two months originally planned this summer. In fact, we may not start any more Boeing or Airbus new hire classes until the very end of 2018 or beginning of 2019.
Although this is a difficult decision, it’s a necessary one. The reduction in growth is helping reduce costs to provide a stronger balance sheet that will fund future growth and hopefully more airplane orders in the not so distant future.
There are a lot of variables that can change this plan, but I wanted to share with you everything we know as of today. On Monday, we will have 12 Boeing new hires and 6 Boeing upgrades starting, and there may be a break for 6 to 7 months. For next year at 4% growth plus planned attrition, we look to be hiring about the same as this year.
-********, Chief Pilot”
Last edited by FDXer; 05-06-2018 at 04:11 PM.
#3163
Line Holder
Joined APC: Jan 2017
Position: GUFN
Posts: 74
BTW, has anybody in the Pathway pool received a class date?
Last edited by FDXer; 05-06-2018 at 04:11 PM.
#3164
Gets Weekends Off
Joined APC: Mar 2018
Posts: 144
#3165
#3166
Gets Weekends Off
Joined APC: May 2016
Posts: 1,013
#3168
Gets Weekends Off
Joined APC: Nov 2009
Posts: 203
The hiring cutback IS NOT Horizon numbers It is for Alaska and the integrated VX hiring plans only.
It should, of course, give everyone reason to re-consider coming to Horizon based solely on the promise of a quick and easy path to Alaska via the ridiculous "pathways" program.
QX Hiring needs still remains strong and is not predicated on Alaska's hiring needs.
It should, of course, give everyone reason to re-consider coming to Horizon based solely on the promise of a quick and easy path to Alaska via the ridiculous "pathways" program.
QX Hiring needs still remains strong and is not predicated on Alaska's hiring needs.
#3169
https://finance.yahoo.com/news/alask...132500672.html
Alaska's management seems to realize that it may have expanded the carrier's regional network too quickly. The company recently deferred six Embraer E175 deliveries from the 2018-2019 period to after 2020. Partially offsetting these deferrals, Alaska will extend the lives of three Q400 turboprops that it had planned to retire in 2019. The net result is that Alaska's regional fleet is now set to shrink from 95 aircraft at the end of 2018 to 92 aircraft by the end of 2019.
Pulling back on mainline deliveries, too
Alaska Airlines made even more significant changes to its mainline order book during the first quarter. It converted all of its Boeing 737 MAX 8 orders to the larger 737 MAX 9 variant in order to grow in a more capital-efficient way. Meanwhile, it deferred six Boeing 737 deliveries from 2019 to the early 2020s.
These changes to the Boeing and Embraer order books reduced Alaska's 2019 aircraft-related capital commitments by more than $250 million, from $816 million to $560 million.
Alaska's management seems to realize that it may have expanded the carrier's regional network too quickly. The company recently deferred six Embraer E175 deliveries from the 2018-2019 period to after 2020. Partially offsetting these deferrals, Alaska will extend the lives of three Q400 turboprops that it had planned to retire in 2019. The net result is that Alaska's regional fleet is now set to shrink from 95 aircraft at the end of 2018 to 92 aircraft by the end of 2019.
Pulling back on mainline deliveries, too
Alaska Airlines made even more significant changes to its mainline order book during the first quarter. It converted all of its Boeing 737 MAX 8 orders to the larger 737 MAX 9 variant in order to grow in a more capital-efficient way. Meanwhile, it deferred six Boeing 737 deliveries from 2019 to the early 2020s.
These changes to the Boeing and Embraer order books reduced Alaska's 2019 aircraft-related capital commitments by more than $250 million, from $816 million to $560 million.
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